Toyota will hold an extraordinary board meeting Wednesday to make a formal decision on the pullout, with president Akio Toyoda making the announcement at a news conference in Tokyo, the Mainichi Shimbun said, without citing its sources.
The world's biggest carmaker declined to comment on the report.
The Mainichi said the auto giant had earlier planned to continue its F1 participation until 2012 but decided to cut costs by making this year's season -- which ended Sunday in Abu Dhabi -- its last, the paper said.
Toyota would consider selling the team, it said.
Toyota entered F1 in 2002. It ended this season ranked fifth in the constructors' championship.
If the company's withdrawal is confirmed it would mean there would be no Japanese automakers in the world's premier autosport.
Toyota in July pulled out of hosting the Japanese Grand Prix at its Fuji Speedway circuit.
The report came just two days after Japanese tyre maker Bridgestone Corp. said it would end supplying tyres to the race next year. Bridgestone's exit from Formula One is part of an exodus by Japanese automotive industry giants from the multi-million-dollar sport amid the worst industry slump in decades.
Honda earlier sold its F1 team as the carmaker battled with the effects of a slowing world economy. - http://news.yahoo.com
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TOKYO: Toyota Motor, semalam mengumumkan menarik diri daripada Formula Satu (F1) - menyaksikan Jepun kini tidak lagi mempunyai pasukan dalam siri kejuaraan sukan permotoran perdana.
Presiden Toyota, Akio Toyoda, memohon maaf terhadap kegagalan pasukan merakamkan sebarang kemenangan dalam perlumbaan sejak menyertai F1 pada 2002 meskipun bajet tahunan pasukan mencecah kira-kira $300 juta (RM1.5 bilion)
"Ia keputusan yang sukar tetapi memang tidak dapat dielakkan," katanya pada sidang akhbar di Tokyo. "Sejak tahun lalu keadaan ekonomi semakin buruk dan kami terpaksa bergelut dengan persoalan sama ada mahu meneruskan saingan dalam F1 atau tidak."
"Hari ini saya mengumumkan kami keluar sepenuhnya daripada F1. Dengan rendah diri saya memohon maaf kepada peminat Toyota kerana gagal meraih sebarang keputusan yang disasarkan," katanya.
Keputusan pengeluar kereta terbesar dunia itu menarik diri daripada F1 dibuat ketika industri permotoran kelihatan mula stabil selepas pasaran kenderaan merudum menjelang krisis ekonomi dunia. - Reuters
Aku cuma nak kata:
Kalau tak silap aku la, pasukan F1 yang dimaksudkan oleh Toyota tersebut tak lain tak bukan ialah pasukan Formula One 1Malaysia. Jangan marah !!!..., aku mengandaikan sahaja......tak salah kan !!!!
Sekian
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